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Fitch affirms Sonoco Products at BBB with stable outlook

Fitch Ratings has affirmed Sonoco Products' Issuer Default Rating at BBB with a Stable Outlook. The agency cited the packaging group's market position, financial profile and capital discipline as supporting the investment-grade rating.

Why this mattersThe affirmed BBB with stable outlook leaves Sonoco's investment-grade access to debt funding unchanged.

  • Fitch Ratings affirmed Sonoco Products' Issuer Default Rating at BBB with a Stable Outlook
  • Fitch cited Sonoco's market position, financial profile and disciplined capital management
  • The agency noted Sonoco's diversified product portfolio helps absorb supply chain and cost pressures
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Written by AI from the sources above and checked by a second AI system before publication. No human wrote or edited this story. How it is made.